07/08/2012 Auto Repair & Services
How to Make the Most Money When Selling Your Old and Scrap Gold Jewellery
Over last couple of years a swarovski outlet by product of the credit crunch, the price of gold has risen hugely. As a result large numbers of people are emptying their houses of all old and broken gold and jewellery looking to turn it in to cash.The price of gold now at a record high and we are currently in a recession it's no real surprise that numerous shops and internet sites are springing up everywhere offering to take your un-wanted gold, jewellery, watches and even precious dental crowns off your hands in return for cash.The first thing you should do if you are considering selling some of your valuables for cash is to work out how much your gold and jewellery is worth.If it is gold or silver there should be a hallmark on the jewellery which will indicate what the Carat is. If no hallmark can be seen then a good idea would be to order an inexpensive DIY gold / silver testing kit off the internet. Once you have worked out the Carat of the jewellery you can use this combining with the weight and the current value of gold or which ever metal it is and you will work out an approximate value. A decent swarovski jewellery set of kitchen scale should be OK for weighing.With this chart you will be able work out an approximate price for your gold using the purity of your gold which you can by the number of grams (weight) and the current gold price.Carat Gold % Content/Purity Comments24 99.0% Minimum allowed for pure 24c22 91.6% swarovski crystal Indian Subcontinent21 87.5% Arabic countries18 75.0% Standard international caratage14 58.5% Most common in USA9 37.5% Minimum in UKDon't worry if you haven't been able to work out a approximate price for your possessions, as I will mention in a second you can go to a pawn brokers or with Pandora Jewelry the online web companies you will get a quote first just make sure you read all the terms and conditions so you can get it back to the company in time a receive your valuables back.First remember that it is very unlikely that the price you have worked out will be close to the offer you receive from the gold merchants to buy it off you. They have to make a margin and as you will find out some want to make a much bigger margin than others.Quite a few independent tests have been carried out and have shown in the heap Pandora Jewelry majority of cases the high street pawn broker will offer you a better price for your gold and jewellery, than any of the internet web based companies. With that fact in mind why are these interest companies doing so well? One particular web company offering cash for your valuables even had the budget to advertise during the Super Bowl.If you do decide to use on of the internet cash for gold companies, as with all the companies on the web always read the terms and conditions. These can all differ so if you do try a few out don't assume they all have the same terms and conditions.Always check what sort of postal packaging and insurance is being offered and again look at the terms. There have been cases where disputed missing parcels haven't been Pandora Charm paid out to the full value of what the owner thinks they are worth.On receipt of your valuables the companies will send you out either cash or cheque almost straight away to what they consider you good to be worth. Although all these websites have celebrities endorsing their services, and they are littered with testimonials from people who can't believe how much money they got. Be warned there are a lot of people out there who have been shocked by what some companies initially offer. It would appear they rely on the customers to desperately need the cash or are just too lazy or haven't got time to shop around.The first offer with some companies is their only offer or companies will increase their offer if contested.As mentioned check the terms and conditions as there is a time limit after you receive your payment in which you they swarovski australia have to receive pandora jewellery it back otherwise their offer will be counted as accepted.If you aren't happy make sure you alert them and send the payment back ASAP and you should receive your goods back within a few days of receipt of the cheque back. There has been talk of people receiving different goods back of lesser value so may be wise just to be super careful take a picture of the good you send in.Taking all the above in to account, these companies are doing a roaring trade at the moment, so they are clearly providing a service. So if you have some old, broken or scrap jewellery lying around the house the chances are you could turn it in to some welcome cash without even needing to leave your home.
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